Seller's Agent in 2017
Rick Perkins
Keller Williams Realty North Central
(978) 621-1290
524 Grant St Leominster, MA 01453
Estimated Value: $669,000 - $749,000
6
Beds
4
Baths
3,840
Sq Ft
$185/Sq Ft
Est. Value
About This Home
As of September 2017An Investment property with a 10.5 CAP! 2 Buildings 3840SF & 1650SF on .84 Ac parcel Zoned Commercial, 2 Fam. Unit 1: approx. 2540SF, 10 rooms, hardwood floors, Kit, Liv, 5 br, 2 & 1/2 baths, Lg Laundry rm and Family rm with Fireplace and slider to walk out to patio. Parking for 8 cars, 2 car garage & large basement for storage. Unit 2: approx. 1300SF, 6 rooms, Hard wood floors, 1 br, 1 bath, Lg. Laundry rm and Family rm with Fireplace and slider to walkout patio. Unit 3: 1650SF Contractor Garage w/two 12ft overhead doors, lots of outside storage and access from Woodbury Rd off of Central St. (Rt. 12). According to the city, THIS PROPERTY IS SUB-DIVIDABLE! Estimated Monthly Income $4000. Gross Yrly income $48,000. Expenses: Insurance: $2000, Maint/Plowing: $3360 (7%), Taxes: $5100, Vacancy Rate:$2400 (5%). Total Estimated Net Income: $35,140. Asking price ($369,900) can generate a CAP of 10.5. This calculates to $10.11 sf/yr NNN.
Last Agent to Sell the Property
Keller Williams Realty North Central Listed on: 02/23/2017
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$9,458
Year Built
1965
Lot Details
0
Listing Details
- Lot Description: Underground Storage Tank, Level, Other (See Remarks)
- Property Type: Multi-family
- Other Agent: 2.00
- Lead Paint: Unknown
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1965
Interior Features
- Has Basement: Yes
- Fireplaces: 2
- Number of Rooms: 17
- Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
- Electric: 110 Volts, 220 Volts
- Flooring: Vinyl, Hardwood
- Basement: Full, Interior Access, Garage Access, Concrete Floor, Unfinished Basement
- Full Bathrooms: 3
- Half Bathrooms: 1
- Total Levels: 6
- Main Lo: K95580
- Main So: K95580
- Estimated Sq Ft: 3840.00
Exterior Features
- Construction: Frame, Block
- Exterior Features: Deck, Patio, Barn/Stable
- Foundation: Poured Concrete, Concrete Block
Garage/Parking
- Garage Spaces: 2
- Parking: Off-Street, Paved Driveway, Unpaved Driveway
- Parking Spaces: 8
Utilities
- Heat Zones: 3
- Hot Water: Natural Gas
- Utility Connections: for Electric Oven, for Electric Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Assessor Parcel Number: M:0523 B:0045 L:0000
- Zoning: Commercial
- Acre: 0.84
- Lot Size: 36747.00
Multi Family
- Heat Units: 2
- Interior Features Common: Storage
- Total Bedrooms: 6
- Total Fireplaces: 2
- Total Floors: 3
- Total Full Baths: 3
- Total Half Baths: 1
- Total Levels: 3
- Total Rms: 16
- Multi Family Type: 3 Family - 3 Units Side By Side
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2017
Closed on
Sep 25, 2017
Sold by
Rachel Ouellette Ft
Bought by
Miley Nicole E
Seller's Agent
Rick Perkins
Keller Williams Realty North Central
Buyer's Agent
Rick Perkins
Keller Williams Realty North Central
List Price
$369,900
Sold Price
$369,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,745
Avg. Annual Appreciation
8.56%
Original Mortgage
$351,400
Outstanding Balance
$294,845
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$414,800
Purchase Details
Closed on
Oct 5, 2016
Sold by
Nagrath Elena A
Bought by
Rachel Ouellette Ft
Purchase Details
Closed on
Sep 14, 2016
Sold by
Ouellette Rachel
Bought by
Nagrath Elena A
Purchase Details
Closed on
Feb 10, 1984
Bought by
Ouellette Rachel
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miley Nicole E | $369,900 | -- | |
| Rachel Ouellette Ft | -- | -- | |
| Nagrath Elena A | -- | -- | |
| Ouellette Rachel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miley Nicole E | $351,400 | |
| Previous Owner | Ouellette Rachel I | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2017 09/25/17 | Sold | $369,900 | 0.0% | $96 / Sq Ft |
| 08/26/2017 08/26/17 | Pending | -- | -- | -- |
| 08/03/2017 08/03/17 | For Sale | $369,900 | 0.0% | $96 / Sq Ft |
| 07/02/2017 07/02/17 | Pending | -- | -- | -- |
| 05/25/2017 05/25/17 | Price Changed | $369,900 | -11.9% | $96 / Sq Ft |
| 05/02/2017 05/02/17 | Price Changed | $419,900 | -6.7% | $109 / Sq Ft |
| 02/23/2017 02/23/17 | For Sale | $449,900 | -- | $117 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,458 | $674,100 | $147,300 | $526,800 |
| 2024 | $8,641 | $595,500 | $140,400 | $455,100 |
| 2023 | $8,284 | $533,100 | $122,200 | $410,900 |
| 2022 | $7,939 | $479,400 | $106,300 | $373,100 |
| 2021 | $6,908 | $381,000 | $82,700 | $298,300 |
| 2020 | $6,850 | $381,000 | $82,700 | $298,300 |
| 2019 | $6,432 | $346,900 | $78,900 | $268,000 |
| 2018 | $5,173 | $267,600 | $76,600 | $191,000 |
| 2017 | $5,213 | $264,200 | $71,700 | $192,500 |
| 2016 | $5,042 | $257,500 | $71,700 | $185,800 |
| 2015 | $5,006 | $257,500 | $71,700 | $185,800 |
| 2014 | $5,010 | $265,200 | $72,400 | $192,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Perkins
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72126349
APN: LEOM-000523-000045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 450 Willard St
- 110 Sawtelle Rd
- 1237 Central St
- 3 Leo Gagnon Way Unit 3
- 277 Willard St
- 139 Litchfield Pines Dr Unit D
- 76 Jamestown Rd
- 675 Willard St
- 69 Sycamore Dr Unit 69
- 165 Bayberry Hill Ln
- 127 Bayberry Hill Ln
- 14 Gates Crossing Unit 14
- 197 Chapman Place Unit 197
- 597 Willard St
- 102 Chapman Place Unit 102
- 13 Berrington Rd Unit 13
- 30 Abbey Rd Unit 202
- 10 Abbey Rd Unit 108
- 30 Abbey Rd Unit 108
- 20 Abbey Rd Unit 304
- 524 Grant St Unit R
- 512 Grant St
- 525 Grant St
- 525 Grant St Unit 1
- 1123 Central St
- 506 Grant St
- 513 Grant St
- 5 Weathervane Dr
- 35 Montrose St
- 2 Weathervane Dr
- 1041 Central St
- 1037 Central St
- 9 Powder House Ln
- 507 Grant St
- 1021 Central St
- 4 Weathervane Dr
- 1019 Central St
- 15 Powder House Ln
- 3 Powder House Ln
- 1013 Central St